Financial Accountability 2017-10-13T12:16:40+00:00

FINANCIAL ACCOUNTABILITY

Two Core Values of Teen Challenge of Southern California are “We guard our integrity” and “We highly value our supporters’ trust.” TCSC is also an accredited member of the Evangelical Council for Financial Accountability (ECFA) and, as such, voluntarily subscribes to a set of Standards established by ECFA. These Standards are designed to assist ministries maintain financial and ethical integrity.

Standard #5 – Transparency, says:

  • “Every organization shall provide a copy of its current financial statements upon written request and shall provide other disclosures as the law may require. The financial statements required to comply with Standard 3 must be disclosed under this standard. An organization must provide a report, upon written request, including financial information on any specific project for which it sought or is seeking gifts.”

Each year an independent auditing firm reviews our financial records and prepares an Audited Financial Report that is presented to our Board of Directors. TCSC’s fiscal year is April 1 – March 31. A copy of TCSC’s most recent Audited Financial Report is available by request to info@teenchallenge.org.